AlkalineFX

EURUSD - 1.2 Flirting

Long
FX:EURUSD   Euro / U.S. Dollar
This pair has been flirting with the 1.2 level for the last couple of days, this will introduce a heavy amount of sellers into the market considering it a strong resistance. In reality, price is likely to purge the liquidity holding above the zone before it considers any sell-offs. Our team has been buying this pair aggressively for weeks resulting in a nice amount of profit, we will be looking to continue the bullish trend over the coming days.

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Comments

good work! how long will this bullish trend last? I wonder at what point will there be a strong reversal?
+1 Reply
@Jedi5, Thank you! It will collapse shortly..
Reply
down first and then long breaking previous rejected resistance.. πŸ‘ short term bearish.. long term still bullish
+1 Reply
AlkalineFX SmartXbot3AutoTrade
@SmartXbot3AutoTrade, Spot on! Great work man
Reply
Bearish
+1 Reply
AlkalineFX Lio_Btx
@Lio_Btx, Hi Retail Sentiment
Reply
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